Super Group (SGHC) (Super Group (SGHC)) ROCE % : 33.59% (As of Mar. 2024)

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What is Super Group (SGHC) ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Super Group (SGHC)'s annualized ROCE % for the quarter that ended in Mar. 2024 was 33.59%.

Super Group (SGHC) ROCE % Historical Data

The historical data trend for Super Group (SGHC)'s ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Super Group (SGHC) ROCE % Chart

Super Group (SGHC) Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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496.13

70.65

38.24

3.48

Super Group (SGHC) Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											3.19	26.39	10.65	-30.00	33.59

Super Group (SGHC) ROCE % Calculation

Super Group (SGHC)'s annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	21.272	/	( ( (929.025 - 326.494)	+	(1047.842 - 426.494) )	/ 2 )
	=	21.272	/	( (602.531	+	621.348)	/ 2 )
	=	21.272	/	611.9395
	=	3.48 %

Super Group (SGHC)'s ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	217.16	/	( ( (1047.842 - 426.494)	+	(1044.283 - 372.539) )	/ 2 )
	=	217.16	/	( ( 621.348	+	671.744 )	/ 2 )
	=	217.16	/	646.546
	=	33.59 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Super Group (SGHC) (NYSE:SGHC) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Super Group (SGHC) ROCE % Related Terms

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Super Group (SGHC) (Super Group (SGHC)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Super Group (SGHC) Ltd (NYSE:SGHC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kingsway House, Havilland Street, St Peter Port, GGY, GY1 2QE

Website

https://www.sghc.com

Super Group (SGHC) Ltd is the holding company for global online sports betting and gaming businesses. The company's reportable segments are Betway and Spin. Majority of revenue is generated from Betway segment. Betway segment is single brand online sportsbook focused business with a global footprint and strategic partnerships with teams and leagues worldwide. Betway additionally recovers sponsorship marketing spend through brand license agreements.